Big news for Bitcoin! Its average price, called the cost basis, hit a record high of $40,980! This means the average price people paid for Bitcoin is super high. Experts think this shows Bitcoin's value is strong.
- Bitcoin's cost basis jumped 86% in just one year!
- Many believe Bitcoin's lowest price (the floor) is now above $40,000.
- A special chart, the 200-week moving average, also suggests a floor price near $44,000.
- Bitcoin's price might change based on US and other countries' economic news.
Fact | Number |
---|---|
Highest average Bitcoin price | $40,980 |
Estimated Bitcoin floor price | $44,000 |
Year-over-year increase in cost basis | 86% |